Tether, launched in 2014, is one of the first stablecoins, aiming to combine the stability of the US dollar with the flexibility of cryptocurrencies. Pegged 1:1 with the US dollar, Tether seeks to bring stability, transparency, and low transaction costs to the volatile crypto markets, enabling seamless transactions across various platforms.
Traditional wallets rely on a single access point, which, if breached, leaves funds vulnerable. Multisig wallets elevate security, necessitating multiple private keys for transactions. A fortified barrier, it substantially reduces the chances of unauthorized access and fund theft.
In traditional single-key systems, if a key holder is unavailable, it can disrupt operations. Multisig addresses this risk. With multiple key holders, transactions proceed without delay, ensuring smooth business operation.
In instances where assets need collective decision-making, multisig wallets shine. By distributing control among several parties, it mandates consensus for transactions, ensuring that no single entity holds unilateral power, fostering collaboration and mutual trust.
Embracing the ethos of decentralization, multisig wallets cater perfectly to decentralized autonomous organizations (DAOs). With no central authority, these wallets empower collective management, ensuring that decisions and transactions echo the shared values and visions of its members.
With TotalSig, you'll experience the convenience of having a single account that can effortlessly manage all your and other network assets. Say goodbye to the hassle of juggling multiple accounts and passwords.
TotalSig is designed to minimize transaction fees, ensuring that you can send, receive, or trade your coins and tokens without worrying about high costs eating into your holdings.
The approximate cost of multi-signature transaction.
TotalSig's user-friendly multisig feature empowers you to enhance the security of your holdings without the complexity. Our wallet simplifies the process of setting up and managing multisignature accounts.
TotalSig is implemented with MPC (Multi-Party Computation) technology, which ensures enhanced security for your crypto assets. With TotalSig, you can have peace of mind knowing that your funds are protected against unauthorized access.
TotalSig supports 11 blockchain networks, including Ethereum, Binance Smart Chain, and TRON. We are constantly adding support for more networks to provide you with a wide range of options for managing your crypto assets.
Creating a TotalSig multisig wallet is quick and easy. Select the blockchain network you want your wallet to be for. Decide the number of participants and cosigners, invite them to download TotalSig and create the wallet.
Absolutely! TotalSig is designed for businesses and groups using crypto. It offers enhanced security and allows for group control of funds, making it an ideal solution for organizations that require a secure and collaborative wallet.
TotalSig offers cheaper transaction network fees compared to other multisig solutions. The fees are calculated based on the blockchain network you are using and the type of transaction you are performing. You can find detailed information about the fees on our website.